"Energy Transfer LP (ET): A Promising Stock to Consider for Your Portfolio"

Energy Transfer LP (ET) is a trending stock that has returned -0.5% over the past month, compared to the Zacks S&P 500 composite's +5.4% change. The company's earnings estimate revisions indicate a year-over-year change of -17.7% for the current quarter and -26.2% for the current fiscal year. The consensus sales estimate for the current quarter points to a year-over-year change of +14.3%. Energy Transfer LP reported revenues of $20.74 billion in the last reported quarter, representing a year-over-year change of -9.6%. The company is graded A in terms of valuation, indicating that it is trading at a discount to its peers. Overall, the Zacks Rank #3 suggests that Energy Transfer LP may perform in line with the broader market in the near term.